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Reliance Leads: Mcap of Four Top 10 Firms Jumps by ₹95,447 Crore (RIL is Biggest Gainer)

2 November 2025 by
Reliance Leads: Mcap of Four Top 10 Firms Jumps by ₹95,447 Crore (RIL is Biggest Gainer)
Business Highlights

Reliance Leads: Mcap of Four Top 10 Firms Jumps by ₹95,447 Crore (RIL is Biggest Gainer)

The combined market valuation (Mcap) of four of the top 10 most-valued Indian firms collectively surged by ₹95,447.38 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest contributor to the gains.

The Gainers

The four companies that posted gains from the top-10 pack were:

  • Reliance Industries

  • Bharti Airtel

  • State Bank of India (SBI)

  • Life Insurance Corporation of India (LIC)

CompanyMCap Change (₹ crore)New Valuation (₹ crore)
Reliance Industries+₹47,431.32₹20,11,602.06
State Bank of India (SBI)+₹30,091.82₹8,64,908.87
Bharti Airtel+₹14,540.37₹11,71,554.56
LIC+₹3,383.87₹5,65,897.54

Reliance Industries' massive surge of over ₹47,000 crore cemented its position as the most valued domestic firm.

The Laggards

Conversely, the remaining six companies from the elite top 10 list faced a combined erosion of ₹91,685.94 crore from their valuation.

CompanyMCap Loss (₹ crore)New Valuation (₹ crore)
Bajaj Finance-₹29,090.12₹6,48,756.24
ICICI Bank-₹21,618.90₹9,61,127.86
Infosys-₹17,822.38₹6,15,890.00
Hindustan Unilever-₹11,924.17₹5,79,561.93
HDFC Bank-₹9,547.96₹15,18,679.14
TCS-₹1,682.41₹11,06,338.80

Final Valuation Ranking

Following the week's trading, the ranking of the top 10 most-valued firms remains as follows:

  1. Reliance Industries

  2. HDFC Bank

  3. Bharti Airtel

  4. TCS

  5. ICICI Bank

  6. State Bank of India (SBI)

  7. Bajaj Finance

  8. Infosys

  9. Hindustan Unilever

  10. Life Insurance Corporation of India (LIC)

Reliance Leads: Mcap of Four Top 10 Firms Jumps by ₹95,447 Crore (RIL is Biggest Gainer)
Business Highlights 2 November 2025
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